Times of Islamabad

Surge in dollar value, a temporary phenomenon : Faisal Vawda

Surge in dollar value, a temporary phenomenon : Faisal Vawda

ISLAMABAD: Minister for Water Resources Faisal Vawda has indicated that surge in dollar price was a temporary

phenomenon which will hopefully be under control shortly.

He was responding to the criticism of the opposition about current rise in dollar value in forex market.

Talking to a private news channel, he pointed out that the dollar value increased due to black market and said the government was confident of decline in its value soon.

Vawda said that the surge in the dollar value was also witnessed during October and it was effectively brought under control at that time.

APP